| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 76th | Fair |
| Demographics | 91st | Best |
| Amenities | 80th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 609 19th St, Huntington Beach, CA, 92648, US |
| Region / Metro | Huntington Beach |
| Year of Construction | 1972 |
| Units | 76 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
609 19th St, Huntington Beach Multifamily Investment
Amenity density and a high-cost ownership market point to durable renter demand in this Urban Core pocket of Huntington Beach, according to WDSuite’s CRE market data. Neighborhood metrics indicate stable fundamentals for occupancy management relative to the metro.
The property sits in an Urban Core neighborhood of Huntington Beach that ranks 23rd among 516 metro neighborhoods (A-rated), signaling competitive location fundamentals for multifamily. Restaurant and cafe access trends in the top tier nationally (99th and 97th percentiles), with groceries and parks also strong (mid-90s percentiles), supporting day-to-day livability and renter retention.
Neighborhood housing dynamics show a renter-occupied share around half of units, indicating depth in the tenant base for mid-size assets while leaving room for targeted leasing strategies. Although neighborhood occupancy levels trail stronger-performing areas in the metro, five-year trends have improved, suggesting gradually firmer absorption conditions.
Within a 3-mile radius, household counts have edged higher in recent years and are projected to expand further, even as average household size trends down—factors that typically broaden the renter pool and support unit absorption over time. Income profiles are relatively strong locally, which helps sustain demand for well-managed properties and reduces volatility in collections.
Ownership costs are elevated by national standards (home values and value-to-income metrics in the top percentiles), which reinforces reliance on multifamily options and can support pricing power for quality rentals. Median asking rents at the neighborhood level are also high relative to the nation, consistent with coastal Orange County positioning and amenity access.
Safety indicators compare favorably in regional and national context for this Huntington Beach neighborhood. The area ranks in the stronger cohort locally (top quartile among 516 metro neighborhoods) and sits above the national median, with overall crime in roughly the mid-70s percentile versus neighborhoods nationwide.
Recent trend data show year-over-year improvements in both violent and property offense estimates, pointing to a constructive trajectory rather than a one-off reading. As always, investors should evaluate block-by-block conditions during site visits, but the broader trend context is supportive for renter appeal and retention.
Proximity to a diversified set of corporate offices supports commuter convenience and broad renter demand, led by financial services and technology employers within 10 miles.
- Pacific Life — insurance (8.4 miles) — HQ
- First American Financial — title & escrow services (8.9 miles) — HQ
- INTERNATIONAL PAPER Cypress Retail Packaging — packaging (9.1 miles)
- Prudential — financial services (9.6 miles)
- Western Digital — data storage technology (9.8 miles) — HQ
609 19th St is a 76-unit 1972-vintage asset positioned in an A-rated Urban Core neighborhood of Huntington Beach, where amenity access is nationally competitive and ownership costs are elevated. These dynamics typically sustain a deep renter base and support occupancy stability for well-operated multifamily, based on CRE market data from WDSuite.
The 1972 construction introduces potential value-add through selective renovations and system upgrades, offering a path to enhance rents and retention against a backdrop of strong household incomes and projected household growth within a 3-mile radius. While neighborhood occupancy trails top-performing Orange County sub-areas, five-year improvements and proximity to diversified employment nodes reduce volatility and aid leasing execution.
- Amenity-rich, A-rated Urban Core location supports renter demand and retention.
- High-cost ownership market reinforces reliance on quality rentals and pricing power.
- 1972 vintage presents clear value-add and capital planning opportunities.
- Diversified nearby employers underpin commuter demand across income bands.
- Risk: neighborhood occupancy sits below metro leaders, requiring active leasing strategy.